Operating income rose to US$12.7 million from US$3.3 million a year earlier. AvePoint’s GAAP operating margin improved to 10.9%, from 3.5% in 1QFY2025.
AvePoint has reported earnings of US$15.3 million ($19.4 million) for its 1QFY2026, more than four times the US$3.6 million recorded a year earlier. The data management and governance tools provider benefited from higher software-as-a-service (SaaS) revenue and wider operating margins.
For the three months ended March 31, total revenue rose 26% y-o-y to US$117.2 million. SaaS revenue, its largest business line, increased 35% y-o-y to US$93.4 million, helped by demand for data protection, security and governance software.
